Deutsche Bank trader's bonus lawsuit thrown out

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Deutsche Bank has won a bid to have a lawsuit filed by an ex-trader seeking a $7.6m bonus thrown out by a London judge who said the case had no 'real prospect of success'.

Bloomberg News reports that Yves Paturel filed a claim that suggested Deutsche Bank should’ve 'mirrored' bonus payments given to more senior or successful colleagues, Christopher Jeans, the bank’s lawyer, said in court documents in the case.

'There were clearly sound reasons for', the bank’s 'decision to award different bonuses to' Paturel’s colleagues, Judge Rabinder Singh said while dismissing the claim in a London court Friday.

Hit the link below to access the complete Bloomberg News article:

Deutsche Bank Wins Bid to Throw Out Ex-Trader’s Bonus Suit

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